Janus Forty Fund (JACTX)

High-Conviction Large-Cap Growth Equities



Inception Date5/1/1997
NAV (As of 11/27/15 )$33.79
Total Net Assets (As of 10/31/15)$2.38B
Annual Expense Ratio
(As of fiscal year end 9/30/14)
GROSS 0.77%
NET 0.77%

Performance (As of 9/30/15)
1 Year11.10%
3 Year14.52%
5 Year13.38%
10 Year8.19%
Morningstar (As of 10/31/15)
CategoryLarge Growth
Style Box

Returns quoted are past performance and do not guarantee future results; current performance may be lower or higher. Investment returns and principal value will vary; there may be a gain or loss when shares are sold. For the most recent month-end performance click here.

Returns greater than one year are annualized.

Net expense ratios reflect the expense waiver, if any, Janus Capital has contractually agreed to through 2/1/16.

Quarterly Commentary - Q3 2015


Markets were turbulent, ending the period down, amid concerns about weak global economic growth and uncertainty around the Fed in initiating rate hikes.

The Fund outperformed its benchmark.

While there are legitimate concerns about the global economy, we think it underscores the importance of finding those select companies with truly sustainable competitive advantages that can take market share and continue to grow earnings, even without the backdrop of a strong global economy.


Doug Rao

Doug Rao

Fund Manager since 2013
Industry since 1998